Justin Trudeau’s Fiscal Policies Are Hurting His Voters: Atlantic Canada Rated Higher Than Alberta For Abolishing The Carbon Tax Entirely, Let’s Talk About TRANSFER Payments and The Public Sector – October 2, 2023
Atlantic Canadian provinces which include New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island, at least according to some sources, are polling higher than Alberta for total elimination of the Carbon tax.
According to a Postmedia-Leger poll, only 18% of respondents liked the carbon tax as currently constructed, and that number is lower than the support polls claim Justin Trudeau is getting.
Below is the Trudeau popularity tracker by Angus Reid; if the data does not show up below, you can click the link provided or search for “Trudeau popularity in Google”.
If you’re living in Canada, most Canadian media news outlets try to play down the damage Justin Trudeau’s FISCAL policies are having on everyday Canadians, furthermore in Canada, mainstream media news still makes it seem like “climate change” as defined by the Corporate Welfare, ESG Crowd is the only logical path forward.
The Corporate Welfare ESG Climate Alarmists still dominate the narrative in Canadian media and if all that media spend has equated to Canadians in Liberal Party strongholds wanting the Carbon Tax eliminated, that says a lot.
Transfer Payments and Why I Think Atlantic Canada Hates the Carbon Tax More Than Alberta
Personally, I’m not a big fan of polling data because sometimes, when an election is called, minds change. However, with Justin Trudeau I think the problem is how he structured his Environmental, Social, and Governance(ESG) agenda and where transfer payments are going.
Transfer Payments go to the PUBLIC SECTOR. When Ottawa takes transfer payments from Alberta and sends these transfer payments to Atlantic Canada, most voters do not get any noticeable benefit from it. Transfer payments are rewards for badly run provinces, and carbon taxes are paid for by consumers.
The way Justin Trudeau structured his carbon tax hurts consumers DIRECTLY, as it’s a regressive tax, meaning that it forces consumer prices to go up. Making matters worse the mainstream media propaganda machine isn’t working for Trudeau as he hoped.
What politicians like to do when consumer prices go up based on their fiscal policies is blame the private sector, the way the carbon tax is HIDDEN, Justin Trudeau is still trying to frame rising prices in Canada as some sort of conspiracy from the Private Sector, and this has worked and on some, but clearly a lot of Canadians are figuring out that Justin Trudeau is culprit.
What is FISCAL policy?
In economics and political science, fiscal policy is the use of government revenue collection and expenditure to influence a country’s economy.
Making matters worse is that with higher taxes, Justin Trudeau’s deficit continues to climb higher. The Canadian national debt is at an all-time high while TAX collections for the Federal Government are at an all-time high?
So again, this points to Justin Trudeau’s FISCAL policies. Central Banks were created for the Federal government’s benefit, and the Canadian economy is doing so badly that the Central Bank of Canada is forced to raise interest rates.
Why does the Bank of Canada have to raise interest rates? Because Justin Trudeau’s fiscal policies have not resulted in POSITIVE revenue for the national debt, and the modern monetary system revolves around FOREIGN EXCHANGE markets.
In practice, Justin Trudeau’s fiscal policies have led to a loss of jobs in the MANUFACTURING sector, thereby making Canada more dependent on IMPORTING goods, equating to Canadians, reliance on a strong Loonie being extremely important in the years moving forward.
If Canada has to IMPORT things to sustain itself and the Bank of Canada lowers interest rates while foreign investors are getting less revenue via the Canadian economy, the loonie value could drop like a stone, making IMPORTED goods to Canada more expensive.
A reminder that Canada still imports a lot of FOOD, so this alone should give you a clue as to just how bad of a job Justin Trudeau is doing for the Canadian economy. Despite how the argument is being framed, the Bank of Canada has been very nice to Justin Trudeau; interest rates should be a lot higher.
In closing, Alberta’s current Premier, Danielle Smith, has great FISCAL policies, and therefore the damage being created by Justin Trudeau’s fiscal policies hasn’t hurt Albertans the way they’ve hurt the rest of Canada.
One of the problems Conservative leaders often have is that when they have a great economy based on their FISCAL policies, voters start to imagine that ANY policy from any politician will yield the same results.
When Canadians voted out Stephen Harper, they imagined that Justin Trudeau’s policies would yield similar results as Stephen Harper; most voters know little about economics or fiscal policies so they ASSUME a Justin Trudeau who even back in 2015, was clearly an incompetent when it came to financials and economics was suited to lead the country.
For people like me, I remember when the CBC said that Justin Trudeau’s WEAKNESS was the economy, yet Atlantic Canadians voted for him anyway, not once but THREE DIFFERENT times.
What’s changing now? What’s changing now is that they’re feeling the effects of their voting patterns. Up until recently, the corporate welfare and free cash giveaways in exchange for votes were hurting their pocketbooks, but now, even if you’re a welfare, which a lot of people in Atlantic Canada are, the welfare cheques are NOT buying all the things they used to.
Whereas in Alberta, where being fiscally responsible is built into how they govern, has equated to not only higher wages but also lower costs for Albertans. In Atlantic Canada, because they’re usually the beneficiaries of transfer payments, there’s no incentive for their population or their governments to cut regulations and stimulate job growth, equating to when a Bad Prime Minister is leading the country, their economic situation in Atlantic Canada, becomes even more dire.
For the record, I’m not saying all people in Atlantic Canada are lazy or on Welfare, but what I am saying is that the public sectors and fiscal policies in Atlantic Canada make them a HORRIBLE place to invest capital, which is why they often find themselves the beneficiaries of Transfer Payments.
It’s not like Alberta is the only province in Canada that has an abundance of energy; what separates Alberta from the rest of the country are their FISCAL policies.
Interesting times ahead